514 S Albert St Mount Prospect, IL 60056
Downtown Mount Prospect NeighborhoodEstimated Value: $520,000 - $572,000
4
Beds
3
Baths
1,970
Sq Ft
$278/Sq Ft
Est. Value
About This Home
This home is located at 514 S Albert St, Mount Prospect, IL 60056 and is currently estimated at $546,859, approximately $277 per square foot. 514 S Albert St is a home located in Cook County with nearby schools including Lions Park Elementary School, Lincoln Middle School, and Prospect High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 3, 2024
Sold by
Nava Phillip R and Nava Martha E
Bought by
Chicago Title Land Trust and Trust Number 9002346553
Current Estimated Value
Purchase Details
Closed on
May 26, 2006
Sold by
Motykie Kevin
Bought by
Nava Phillip R and Nava Martha E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
1.75%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
May 17, 2004
Sold by
Carlson Phyllis J
Bought by
Motykie Kevin D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.37%
Mortgage Type
Unknown
Purchase Details
Closed on
Nov 17, 2000
Sold by
Janczak Robert J and Janczak Alice
Bought by
Buckingham Blane L and Buckingham Melissa T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,350
Interest Rate
7.87%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chicago Title Land Trust | -- | Chicago Title | |
| Nava Phillip R | $450,000 | Gnt | |
| Motykie Kevin D | $210,000 | Multiple | |
| Buckingham Blane L | $292,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Nava Phillip R | $360,000 | |
| Previous Owner | Motykie Kevin D | $168,000 | |
| Previous Owner | Buckingham Blane L | $233,350 | |
| Closed | Buckingham Blane L | $29,170 | |
| Closed | Motykie Kevin D | $42,000 |
Source: Public Records
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,940 | $48,000 | $12,240 | $35,760 |
| 2024 | $9,940 | $36,598 | $10,200 | $26,398 |
| 2023 | $9,530 | $39,000 | $10,200 | $28,800 |
| 2022 | $9,530 | $39,000 | $10,200 | $28,800 |
| 2021 | $8,688 | $31,214 | $6,630 | $24,584 |
| 2020 | $8,578 | $31,214 | $6,630 | $24,584 |
| 2019 | $8,571 | $34,683 | $6,630 | $28,053 |
| 2018 | $7,627 | $28,364 | $5,610 | $22,754 |
| 2017 | $8,808 | $32,087 | $5,610 | $26,477 |
| 2016 | $7,861 | $32,087 | $5,610 | $26,477 |
| 2015 | $7,031 | $26,812 | $4,590 | $22,222 |
| 2014 | $7,658 | $29,370 | $4,590 | $24,780 |
| 2013 | $7,634 | $29,370 | $4,590 | $24,780 |
Source: Public Records
Map
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